July 21 2012
KippsDeSanto & Co. Advises Catapult Technology, Ltd. on its Sale to DC Capital
KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, Catapult Technology, Ltd. (“Catapult”), by DC Capital Partners (“DC Capital”). The acquisition by DC Capital will provide additional capital and professional resources to enhance Catapult’s market position, growth, and meaningfully expand its customer base.
Headquartered in Bethesda, MD, Catapult is a leading provider of information technology (“IT”) and management consulting services to the federal government, including civilian, defense, intelligence, and law enforcement agencies.
Catapult wields a suite of highly-tailored and scalable IT solutions to help customers improve efficiency, reduce costs, increase automation, and ensure compliance with federal regulations. The Company offers a complete continuum of solutions including, but not limited to, enterprise management, software development and engineering, information assurance, strategic planning, and human resources management.
Together with two other DC Capital portfolio companies, Strategic Intelligence Group, LLC and Kickstand, LLC, which will immediately being merged into Catapult, the combined company will be able to leverage its IT and consulting services and solutions to new customers across the federal government. The founder of Catapult shifts to a minority shareholder position and a member of the Board of Directors.
Douglas T. Lake, Partner of DC Capital, said, “It was a pleasure working with KippsDeSanto on this transaction as they truly understand the government services market.”
We believe this transaction demonstrates several key trends in the government services M&A environment:
• Companies that focus on enterprise IT modernization and consolidation initiatives have an attractive position in today’s market as the Federal government seeks to optimize its operations given the current budget environment
• Knowledgeable private equity firms continue to be active in the government services space, with a heavy focus on innovation and differentiation and the quality of the management team and employees in place to drive growth
LEAD INVESTMENT BANKERS
Kevin P. DeSanto
Karl M. Schmidt
KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, Catapult Technology, Ltd. (“Catapult”), by DC Capital Partners (“DC Capital”). The acquisition by DC Capital will provide additional capital and professional resources to enhance Catapult’s market position, growth, and meaningfully expand its customer base.
Headquartered in Bethesda, MD, Catapult is a leading provider of information technology (“IT”) and management consulting services to the federal government, including civilian, defense, intelligence, and law enforcement agencies.
Catapult wields a suite of highly-tailored and scalable IT solutions to help customers improve efficiency, reduce costs, increase automation, and ensure compliance with federal regulations. The Company offers a complete continuum of solutions including, but not limited to, enterprise management, software development and engineering, information assurance, strategic planning, and human resources management.
Together with two other DC Capital portfolio companies, Strategic Intelligence Group, LLC and Kickstand, LLC, which will immediately being merged into Catapult, the combined company will be able to leverage its IT and consulting services and solutions to new customers across the federal government. The founder of Catapult shifts to a minority shareholder position and a member of the Board of Directors.
Douglas T. Lake, Partner of DC Capital, said, “It was a pleasure working with KippsDeSanto on this transaction as they truly understand the government services market.”
We believe this transaction demonstrates several key trends in the government services M&A environment:
• Companies that focus on enterprise IT modernization and consolidation initiatives have an attractive position in today’s market as the Federal government seeks to optimize its operations given the current budget environment
• Knowledgeable private equity firms continue to be active in the government services space, with a heavy focus on innovation and differentiation and the quality of the management team and employees in place to drive growth
LEAD INVESTMENT BANKERS
Kevin P. DeSanto
Karl M. Schmidt